A villa owned by troubled tycoon Lim Oon Kuin in Singapore’s posh Tanglin Hill area is up for sale by tender at a guide price of S$43 million ($31.8 million).
The good-class bungalow, Singapore’s term for a luxury landed home,… Read More>>
Gaw Capital Launches $533M Aussie Land Lease JV With GreenFort
Gaw Capital Partners has set up a joint venture with GreenFort Capital to acquire and develop an A$800 million ($533 million) pipeline of Australian land lease community projects aimed at pensioners.
Hong Kong-based Gaw will help Brisbane’s GreenFort scale its… Read More>>
GLP-Backed Ada Gets Nod for 210MW Data Centre Campus in East London
Ada Infrastructure, the data centre platform backed by Asian industrial specialist GLP, has received approval to build a 210-megawatt London campus that would be one of the city’s largest server-hosting facilities.
Ada’s flagship development in Britain got the go-ahead from… Read More>>
China Vanke Preps REIT Listing to Raise $138M and More Asia Real Estate Headlines
China Vanke leads Mingtiandi’s headline roundup today as the distressed developer eyes a capital raise through the listing of its long-term rental business. Also making the news, Japan’s Tokyu REIT makes a multi-family acquisition and industrial giant ESR breaks ground… Read More>>
Actis Launches Asia Data Centre Platform With 200MW Project Portfolio
London-based fund manager Actis on Thursday announced the launch of Epoch Digital, an Asia data centre platform with roughly 200 megawatts of IT capacity under development across three projects in Taiwan, Malaysia and South Korea.
The first project is a… Read More>>
Singapore, Malaysia Telecom Giants Join Forces for 200MW Johor Data Centre Campus
State-backed telcos Singtel and Telekom Malaysia have formed a joint venture to develop Malaysian data centres, starting with a hyperscale campus in the digital infrastructure hotbed of Johor with a potential capacity of 200 megawatts.
The partnership of TM and… Read More>>
Wing Tai Places $343M Top Bid for Luxury Site in Singapore’s River Valley
A luxury residential site in Singapore’s posh River Valley area drew two bids in a tender that closed Wednesday, including the top offer of just under S$464 million ($343.6 million) from developer Wing Tai Holdings, according to an announcement by… Read More>>
Korea’s Mastern Buying Seoul Office Project From AM Plus for $220M
Seoul’s red-hot office market has produced another big-ticket deal, with Mastern Investment Management revealing its forward purchase of an under-development building north of the Han River for KRW 310 billion ($220 million).
The 11-storey office block is being constructed by… Read More>>
SC Capital Renewables Platform Buys New Zealand Solar Project Portfolio for $135M
Renewable energy fund manager SC Oscar has acquired a New Zealand solar power developer as the first investment under the Singapore-based firm’s maiden infrastructure fund.
Backed by private equity firm SC Capital Partners, SC Oscar bought Ranui Generation on behalf… Read More>>
Singapore Home Sales Slip 27% to Lowest in Three Months as Launch Schedule Slows
New private home sales in Singapore fell 27 percent in May to their lowest level in three months, according to data released by the Urban Redevelopment Authority on Tuesday.
Excluding executive condos, sales dipped from 301 units in April to… Read More>>
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